Asia-Pacific’s payments industry saw a rise of 50.00% in deal activity during September 2021, when compared with the last 12-month average, led by PayPal Holdings’ $2.73bn acquisition of Paidy, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.


A total of 24 payments industry deals worth $3.6bn were announced for the region in September 2021, against the 12-month average of 16 deals.

Of all the deal types, venture financing saw most activity in September 2021 with 20 transactions, representing an 83.3% share for the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

In second place was private equity with three deals, followed by M&A deals with one transactions, respectively capturing a 12.5% and 4.2% share of the overall deal activity for the month.

In terms of value of deals, M&A was the leading category in Asia-Pacific’s payments industry with $2.73bn, while venture financing and private equity deals totalled $855.72m and $16.54m, respectively.

Asia-Pacific payments industry deals in September 2021: Top deals

The top five payments deals accounted for 93.5% of the overall value during September 2021.

The combined value of the top five payments deals stood at $3.37bn, against the overall value of $3.6bn recorded for the month.

The top five payments industry deals of September 2021 tracked by GlobalData were:

1) PayPal Holdings $2.73bn acquisition deal with Paidy

2) The $200m venture financing of Airwallex by 1835i Ventures,DST Global,G Squared,Lone Pine Capital,Salesforce Ventures,Sequoia Capital China and Vetamer Capital Management

3) Accel,Amasia Ventures,Goat Capital and Tiger Global Management $150m venture financing deal with Xendit

4) The $150m venture financing of Ascend Money by ANT Group,Bow Wave Capital Management and Charoen Pokphand Group

5) D1 Capital Partners and Lavender Hill Capital Partners $138m venture financing deal with Xtransfer